Things you need to know: Russia announces a ‘vaccine’ beating ‘everyone else’ to the punch. (or so they think) Trump talking tax cuts – both payroll and capital gains – Markets surge Nancy and Chucky negotiating with Stevey about when to negotiate Gold falls $45 and pierces $2000/oz; Oil surges up by more than 1.4% S&P Kisses all-time highs Try …
Growth vs. Value/Try the Rib Eye Pizzaiola
Things you need to know: Non-Farm Payroll suggests that we are moving in the right direction US/China tensions, Stimulus tensions, Political Tensions all keeping a lid on Over the weekend, we learned that the US now has more than 5 mil virus cases – Let’s just say that the whole country is infected; wear a mask and work towards a …
RE: Trump vs. China/ Try the Risotto
Things you need to know: Trump creates more angst with China – TikTok and WeChat in the news DC still in a mess – no deal as of yet – Forcing Trump to threaten an executive order S&P fills the gap but today it will fail – but don’t worry – it’s just consolidating Non-Farm Payroll – due out at …
Another Day, Another Dollar…/Try the Spaghetti & meatballs
Things you need to know: Nasdaq pierces 11,000 Main St watching Wall St watching Pennsylvania Ave Eco data continues to improve Gov’t considers extending PPP loans Will Joey announce today? Who will be the VP’s VP? Back to Basics – Try the Spaghetti and Meatballs Another day another dollar… stocks rise, Nasdaq surges up and thru 11,000 (for a brief …
The DC Waffle…
Things you need to know: DC says they are getting closer to a deal – Markets continue to rally Gold surges up and thru $2,000/oz and is now trading at $2,054/oz API reports a drop in inventory – oil surges 2% 10 Yr Treasuries rally, sending yields plunging – When will we hear from Joey? Markets not pricing in ‘election …
What Should Valuations be for Tech?/Try the Salmon
Things you need to know: It feels good today… but remember how ugly it felt in March – keep it in perspective What should valuations be for tech? Gold hovers just below $2000/oz as it awaits more data Oil remains in the $35/$45 range. Markets wait for Biden to announce… Try the Salmon Stocks continue to surge… Enjoy this run …
Tech to the Rescue! Try the Veal Polpettone
Things you need to know: Global PMI’s pointing to improvement WH and Congress – still far apart on a new deal Dollar gains, oil and gold churn OPEC & OPEC+ to increase production – but we know this SPX feels a bit tired… Try the Veal Polpettone Tech to the rescue again…stocks did rise on Friday – after struggling for …
It’s a “Pandemic Celebration”/Hurrican Isaias is Coming – Try the Martini
Things you need to know: The tech titans ‘blow the roof off expectations’ stocks in rally mode WH and Congress remain far apart on unemployment bennies Dow components – CVX, CAT and MRK report – mixed results Nasdaq racing higher while the broader market remains cautious Hurricane Isaias coming to Florida – I’m having a Martini! Bottom line – It’s …
Tech “Emperors” on the Hot Seat/Try the Pork Tenderloin
Things you need to know: Congress put the ‘emperors’ on the hot seat – GOOG/AMZN get hit hard Marky (FB) is accused of anti-conservative bias The FED delivers as expected and stays the course Today will bring a deluge of earnings – All eyes focused on 4 pm Gold and Oil back off as the Dollar advances Try the Pork …
The Circus Comes to Town/Porkl Cutlet Milanese
Things you need to know: The circus is on Capitol Hill – The show starts at Noon The FED is set to announce the next move – Don’t expect ‘new’ Kool Aid Earnings continue to hit the tape and Congress continues to fight over benefits Biden teases the media… Is it Biden/Harris2020 or Biden/Rice2020? Or Biden/???? Try the Pork Cutlet …
